Benefit-Cost Analysis
Financial and Economic Appraisal using Spreadsheets

This book offers the perfect introduction to social benefit-cost analysis.

Harry F. Campbell (Author), Richard P. C. Brown (Author)

9780521528986, Cambridge University Press

Paperback, published 27 May 2003

360 pages, 38 b/w illus. 52 tables
24.8 x 17.6 x 2.1 cm, 0.656 kg

Benefit-Cost Analysis offers the perfect introduction to benefit–cost analysis. The book closely integrates the theory and practice of benefit–cost analysis using a spreadsheet framework. The spreadsheet model is constructed in a truly original way which contributes to transparency, provides a check on the accuracy of the analysis, and facilitates sensitivity, risk and alternative scenario assessment. A case study incorporating the various issues is progressively developed on a spreadsheet with the links between each stage thoroughly explained. The complete case study spreadsheet can serve as a template for the reader's own appraisal of projects in the field. In addition to the worked examples in the text some exercises are appended at the end of each chapter. For further information please visit http://www.uq.edu.au/economics/bca

1. Benefit-cost analysis - introduction and overview
2. Investment appraisal: principles
3. Investment appraisals: decision rules
4. Private benefit-cost analysis - financial analysis
5. Efficiency benefit–cost analysis
6. Calculating the net benefits to the referent group
7. Consumer and producer surplus in benefit-cost analysis
8. Valuing traded and non-traded commodities in benefit-cost analysis
9. Incorporating risk in benefit-cost analysis
10. The social discount rate, cost of public funds, and the value of Information
11. Weighting net benefits to account for income distribution
12. Valuation of non-marketed goods
13. Economic impact analysis
Writing the benefit-cost analysis report.

Subject Areas: Finance [KFF], Finance & accounting [KF], Economic forecasting [KCJ], Microeconomics [KCC], Economics [KC]